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When youre looking to grow your business, its important to find the right kind of office space for you. Whether youre looking for more room as you prepare to hire new employees or you are starting to work independently and are looking for a single office for one or two employees, there are a lot of options out there.Commercial space real estate works just like residential options. There are ways to buy or lease spaces as well as condo out space. The most flexible plans are month-to-month leases. This will allow you the flexibility you need to start and quickly grow your business venture without the commitment and risk of signing on to a long-term agreement. This is also great for people who operate during only certain months of the year. Most other agreements are for a year or several years as far as leasing, similar to renting out an apartment. This is also a great option for someone who may work from home and would like to work outside of the home in a private office space.A great way to grow your business is to rent large spaces and figure out creative ways to arrange desks and work spaces so that you get the most bang for your buck. It is really expensive to rent space in an office park where the spaces have been outfitted to suit an office environment. Large warehouse space or open commercial space allows you to rent more space for a lower square foot price.If you are in the market for spaces, you may hear the term square foot price rather than a flat rate. This will give you an idea for the value of the space. It is common for short-term office space to be a very high square foot price. Smaller office spaces are also much higher. While residential apartments go for an average of a dollar a square foot, some office spaces can range from $6-$30 a square foot. However, if youre looking for a 400 square foot office for just yourself, it seems reasonable when you hear that first offer. If you are looking at less traditional office environments, the square foot price may be considerably lower but you may have to invest in putting work into the space to make it functional. When your company has to grow to a size that would only be properly accommodated by an entire office building, you may choose to invest in buying one. Businesses come and go and there are always options for buying commercial space for your business. You can also make a small business out of running a space yourself! This allows you to suit the immediate and future needs of your company while taking on outside renters to occupy unused spaces.There are so many options when it comes to planning office spaces to suit your new or growing business. The last thing to consider is the real estate mantra: location, location, location! This is also going to determine price and convenience. Once youve found the perfect spot, whether youre renting or buying, youll be better equipped at doing whatever business you run.
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